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MMLU-Pro / 7230 / According to the quantity theory of money increasing the money supply serves to

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

According to the quantity theory of money increasing the money supply serves to

category

economics

options

  1. increase long-run output with no significant impact on inflation.
  2. have no significant impact on either output or inflation.
  3. lower the unemployment rate while also lowering the rate of inflation.
  4. increase short-run output but it is the source of long-run inflation.
  5. increase the nation's long-run capacity to produce.
  6. stimulate long-run production and employment with significant short-run inflation.
  7. decrease the rate of inflation with no significant impact on output.
  8. stimulate short-run production and employment with very little long-run inflation.
  9. increase the unemployment rate while also raising the rate of inflation.
  10. decrease both short-run output and long-run inflation.

src

ori_mmlu-high_school_macroeconomics

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Source and history

Official source

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